Delaware officials reveal plan to close $185M shortfall for Edgemoor port

Why Should Delaware Care?The Port of Wilmington is one of the last anchors of good-paying blue-collar jobs in Delaware. It also has suffered a string of financial blows over a dramatic six-year-period. Now state officials says its future is bright after their negotiations determined how to cover cost overruns for construction of a new port terminal in Edgemoor.

Delaware officials intend to close a funding gap for their ambitious but controversial plan to build a new port in Edgemoor with the help of an extra $110 million from the state.

During a meeting Friday of a state board that oversees the Port of Wilmington, Delaware Secretary of State Charuni Patibanda-Sanchez said the new taxpayer money would join a mix of federal and private dollars intended to close a budget shortfall facing the long-delayed Edgemoor construction project…

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